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Biotech / Medical : PRXL - Parexel International
PRXL 88.080.0%Oct 9 5:00 PM EST

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To: Jeffrey D who wrote (32)2/25/1999 10:06:00 AM
From: Platter  Read Replies (1) of 62
 
Given recent upgrade"(Reuters) - Salomon Smith Barney on
Wednesday said it raised its rating on Parexel International
Corp. to buy from outperform following the company's second
quarter earnings report.
-- said Q2 EPS of $0.21 was below Salomon's estimate of
$0.22 a share but revenues of $87 million beat estimate of $83
million.
-- lowered FY99 estimates to $0.93 a share from $0.96 and
set a price target of $33 a share.
-- shares of Parexel were $4.68 higher at $29 in afternoon
trading on Nasdaq."...PRXL looks like a goog buy here!
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